HSBC set a new record low rate today but a top mortgage adviser doesn’t expect more rate drops to follow.

RESIMAC Home Loans has announced a reduction in its variable interest rates across all Prime products by 15 basis points to maintain its market leading variable rate position, effective Monday 29th August.

The below updated rates were included in the announcement:

COMMENTS

by Jeff Royle26/08/2016 5:55:34 p.m.

Just goes to show non Banks don't have to be more expensive than the Banks and greater flexibility in underwriting too.